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BRIEF-Indian Hotels Company March-qtr profit falls about 54 pct

May 26 (Reuters) - Indian Hotels Company Ltd:

* March quarter profit 311.6 million rupees

* Says recommended dividend of inr 0.35 per share

* March quarter total income 7.25 billion rupees

* Says approved amalgamation of Tifco Holdings into co

* Profit in March quarter last year was INR 685.7 million as per IND-AS; total income INR 7.08 billion

* Says in 2017/18 co to open hotels at Taj Andamans, Rishikesh, Shimla and Tirupati Source text for Eikon: Further company coverage:

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